What May Impact Mortgage Rates this Week: February 16, 2015

2013-08-06_0653Happy President’s Day! Our office is closed today to observe the holiday and will reopen for business as usual tomorrow morning. Mortgage rates inched higher last week following the stronger than expected Jobs Report. Overall, mortgage rates are still very low and offer a great opportunity for home buyers and home owners who are considering refinancing. Click here if I can provide you with a current mortgage rate quote.

Here’s a list of the economic indicators that may influence the direction of mortgage rates, scheduled to be released this week:

  • Monday, February 16: Presidents Day. Markets are closed.
  • Tuesday, February 17: Empire State Index; Housing Index
  • Wednesday, February 18: Producer Price Index (PPI); Building Permits; Housing Starts; FOMC Minutes
  • Thursday, February 19: Initial Jobless Claims; Philadelphia Fed Index

On Saturday, February 21, 2015, I will be teaching a home buyers class at our corporate headquarters in Kent (just south of Southcenter off of West Valley Highway). I have a couple seats open if you’re interested in learning about the home buying process, are interested in down payment assistance or mortgage credit certificates. Click here to see a list of my upcoming home buyer classes.

If I can help you with your mortgage on a home located anywhere in Washington state, please contact me.

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